This week, major Canadian banks reported Q2/2020 earnings, with banks such as TD, who have a strong focus on consumer and commercial banking, impacted the most by the pandemic. Nevertheless, most Canadian banks are struggling to maintain bottom lines as PCL on loans were significantly increased to prepare for uncertainties in the economy. [more]
S&P 500 and S&P/TSX indices screens highlight companies with strong balance sheets and cash flows, which reduce liquidity risks and allow companies the ability to acquire distressed assets. Cash Kings – Alphabet, Microsoft & Facebook in the U.S. and Onex & Kirkland Lake in Canada [more]
As economies shutter down due to the Covid-19 virus, companies are experiencing a cash crunch as debt obligations reach maturity, corporations experience a drop in credit ratings, and financing options are limited. [more]
Banking Regulators seek capital preservation for funds to help companies and households through the current Covid-19 crisis. [more]
Peak announced that their ASDS subsidiary is working with the Jiangyin Municipal Government to help distribute financial aid to SMEs that were affected by the COVID-19 outbreak. [more]
Lending Club become first FinTech to acquire a bank; Morgan Stanley acquires E*Trade; Intuit acquires Credit Karma; Green Dot gets activist shareholder pressure. [more]
On February 5, 2020, the Empire Club of Canada hosted a panel discussion with guest panelists including Cole Diamond, Fatema Pirone, and Richard Carlton. [more]
BlackRock sees climate risk as investment risk and plans to act ahead before the serious impacts of climate change by asking vested companies to be accountable for ESG risks. [more]
As major industries get disrupted by start-ups that leverage technology, acquisitions have become a key method for many mature companies to continue leading their respective markets. [more]
2019 was an outstanding year for the stock market. And, to start the year, if January 1’s trading is any indication, 2020 might just continue the market’s longest bull-run. A key to profitable portfolio performance can be gained by assessing the market’s seasonality trends. This report highlights what indexes/sectors are currently going-in/going-out of expected strength. [more]
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